vACCOUNT +

Bank account validation delivered with critical insights

Validate bank accounts and reveal critical insights on account stability, payment performance, and returns for increased assurance

Solution Overview

Ensuring compliance with Nacha’s WEB debit account validation rule is essential for mitigating risk and detecting potential fraud. A robust account validation solution is crucial for adhering to regulations, providing a seamless customer experience, and reducing payment issues or returns.

vAccount + expands on our real-time bank account validation service, to reveal additional critical insights.

HOW IT HELPS

By unlocking additional data, vAccount + provides you additional attributes and data sources for increased coverage as well as a deeper understanding of transaction patterns, account stability and payment performance.

Utilizing our robust network of bank account and payment information, vAccount + offers:

  • Reduced risk of ACH return codes
  • Better predict risk of first payment defaults (FPDs)
  • Transact with greater confidence 
How It Works

vAccount +

vAccount + expands our account validation capabilities to reveal critical insights into:

KEY BENEFITS

The Value for your business

Low Friction Solution

Quickly verify bank accounts prior to onboarding or making transactions.

Detect Fraud

Identify fraudulent accounts and reduce risk of payment failures and ACH returns.

Increased Confidence in Transactions

Additional insights to enhance account validation.

Related resources

Revolutionizing Credit Unions: How ValidiFI’s Risk Management Tools are Changing the Game

As we cautiously wade through 2023, credit risk remains a top concern for financial institutions, particularly credit unions. Credit unions are financial institutions that provide services such as...

Elevating Bank Account Validation and Risk Assessment to New Heights

Here at ValidiFI®, we’ve been diligently enhancing and expanding our predictive bank account and payment intelligence offerings to better serve your ever-evolving compliance, bank account validation...

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ValidiFI is now a Nacha Preferred Partner for Account Validation. In becoming a Preferred Partner, ValidiFI joins a select group of innovators that Nacha recognizes for offering products and services...

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Proprietary bank account validation solution to confirm a bank account is valid, open and ACH capable to ensure Nacha WEB debit compliance.

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vConnect

Pair with vInsights for an intuitive user login experience and consolidate vendors.

FAQ & ANSWERS

Frequently asked questions

vAccount is a bank account verification solution that leverages ValidiFI’s proprietary data to check bank account status. Confirm if an account is open, valid, and ACH capable prior to sending deposits. 

vAccount + layers in additional data elements for increased confidence in account verification. 

As a bank account verification solution, bank account and routing number are required fields.

vAccount + validates a bank account to confirm it is open, valid, and ACH capable in order to identify risk and specific return codes.

Organizations leverage vAccount + to reduce failed transactions and costly fees, ultimately improving the customer experience. 

Ready to Get Started?

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